The use of mathematics has brought rigor to economics. Unfortunately, it has also brought mortis.

Capitalism is the only society in human history in which neither tradition nor conscious direction supervises the total effort of the community; it is the only society in which the future, the needs for tomorrow, are entirely left to an automatic system.

If one could divine the nature of the economic forces in the world, one could foretell the future.

As the histories of ancient and modern democracies illustrate, the pressure of political movement in times of war, civil commotion, or general anxiety pushes in the direction of authority, not away from it.

Mathematics has given economics rigor, but alas, also mortis.

The use of mathematics has brought rigor to economics. Unfortunately, it has also brought mortis.

Growth is the mantra of our society because the economy can't remain healthy without growth.Impregnable monopolies aside (and these are few), profits are both the hallmark of capitalism and its Achilles heel, for no business can permanently maintain its prices much above its costs. There is only one way in which profits can be perpetuated; a business-or an entire economy-must grow.